Terms of Use

1. INTRODUCTION

1.1 FXGlobe Ltd. is a Cyprus Investment Firm (CIF) and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), under License number 205/13. 1.2 The Business Name FXGlobe Ltd. and the Domain Name, http://fxglobe.com, is owned by the Company Incorporated and Registered according to the Laws of the Republic of Cyprus, under the Certificate Registration number HE 254133. 1.3 FXGlobe Ltd. (hereinafter called the “Company”), operates in accordance with the Markets of Financial Instruments Directive (MiFID) of the European Union, following the implementation of MiFID in the European Union and its transposition in Cyprus, through the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007). 1.4 This Website and the Services of the Company available via this Website – http://fxglobe.com – (the “Site“) are provided subject to the Terms set forth herein. If you access and/or visit the Site, you agree to be bound by these Terms of Use. 1.5 The Company reserves the right to make changes at any time to the Site or these Terms of Use. Any modifications to the Terms of Use will be effective upon posting. Your continued use of the Site, following posting and Services of the Company of any revised Terms of Use, will constitute acceptance of the modified Terms of Use.

2. TRADEMARKS AND COPYRIGHTS

2.1 The Company’s´ Logo and other marks displayed on this Site are the proprietary Service marks or Trademarks of the Company or Third Parties. The Company’s marks may not be used in connection with any Product or Service that is not the Company. 2.2 All other Trademarks and Service marks not owned by the Company that appear on this Site are the property of their respective Owners, who may or may not be affiliated with, connected to, or sponsored by the Company. You may not use, copy, modify or display any of the Trademarks, Service marks, Names or Logos appearing on the Site without the express written permission of the Owner thereof. 2.3 All content on this Site, including, but not limited to, works of authorship, publications, presentations, pricing Data, Trade Data, aggregated Trade information, performance information, Blogs, Posts, User comments, design, text, graphics, photos, Logos, button Icons, Images and Data compilations; any improvements or modifications to such content; any Derivative works based thereon; and the collection, arrangement and assembly of all content on this Site are the property of the Company’s or its Licensors and are protected by European and International Copyright and other intellectual Property Laws. 2.4 Nothing in these Terms of Use shall be deemed to grant to You or any other User any License or Right in or to any Copyright, Trademark, Trade Secret or other proprietary Right of the Company or any other Person.

3. NO INVESTMENT RECOMMENDATION OR FINANCIAL ADVICE PROVIDED

3.1 No aspect of the Site is intended to provide, or should be construed as providing, any Investment, Tax or other Financial related Advice of any kind. You should not consider any content on the Site to be a substitute for Professional Financial Advice. If you choose to engage in Transactions based on content on the Website, then such decision and Transactions and any consequences flowing there from are Your sole responsibility. While Individual Participants may offer Investment advice or opinions, such advice or opinions amount to nothing more than conversational exchanges between Persons who may be anonymous or unidentifiable. The Company does not provide Investment advice directly, indirectly, implicitly, or in any manner whatsoever. You should use any information gathered from here only as a starting point for your own independent research. 3.2 The Site should be used for informational purposes only. The Company, and its Employees and Agents are not Investment Advisers. If You make Investment decisions in reliance on information you receive in connection with the Site, you do so at your own Risk and the Company, its Employees, and its Agents will not be liable for any Losses that you may sustain. You should not make any Investment decision without first conducting your own research. You are solely and exclusively responsible for determining whether any Investment, or Strategy, or any other Product or Service, is appropriate or suitable for you based on Your Investment objectives and Personal and Financial situation. 3.3 Any Past Performance indicated on this Site is not indicative of Future Results. Anyone investing should be able and prepared to bear a Loss of his or her entire Investment.

4. ACCURACY AND INTEGRITY OF INFORMATION

4.1 Although the Company attempts to ensure the integrity and accurateness of the Site, it makes no guarantees whatsoever as to the correctness or accuracy of the Site. 4.2 It is possible that the Site could include typographical errors, inaccuracies or other errors, and that unauthorized additions, deletions and alterations could be made to the Site by Third Parties.

5. THIRD PARTY ADVERTISEMENTS AND LINKS TO THIRD PARTY SITES

5.1 You acknowledge that, at any time, the Company may provide links to the websites of Third Parties. Additionally, the Site may display advertisements from Third Parties, such as Banner advertisements and pop-up texts, and links to the Sites of such Advertisers. 5.2 The Company is not responsible for the content of such advertisements or any links, or any products, Services or other materials relating to such advertisements, any linked site, or any link contained in a linked site. The display of any advertisement or link does not imply endorsement by the Company of the advertisement or linked site or any content therein. 5.3 In no event will the Company be liable, directly or indirectly, to anyone for any damage or Loss arising from or relating to any use, continued use or reliance on any advertisement displayed on the Site, or any Products, Services or other materials relating to any such advertisement, any linked Third Party site, or any link contained in a linked site.

6. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY

6.1 You expressly agree that Your use of the Site and any publications, presentations, Financial Trading information, pricing Data, Trade Data, performance information, blogs, postings, or other information, content, Services and materials contained in, accessed via, or described on the Site, is at Your Own Risk and that all such information, content, Services and materials are provided on an “as is” and “as available” basis. 6.2 To the full extent permissible by applicable Law, the Company makes no and hereby disclaims all, representations or warranties of any kind, express or implied, as to the availability, Operation and Use of the Site or the information, content, materials or Services, on or accessed via the Site, including but not limited to warranties of merchantability, fitness for a particular purpose, title, non-infringement and implied warranties arising from course of dealing or course of performance. 6.3 Neither the Site, nor any information, content, materials, or Services available via the Site, constitutes or is intended to constitute, or should be construed as, a solicitation or any Offer to Buy an interest in any security, investment advice or a recommendation or promotion of any Forex Transaction, Futures Contract, Security or other Financial Product, Investment Manager, or Trading or Investment strategy. 6.4 In addition, the Company does not represent or warrant that the information accessible via the Site is accurate, complete, reliable or current and is not responsible for any errors or omissions therein or for any adverse consequences resulting from your reliance on any aspect of the Site. 6.5 Furthermore, the Company makes no representations and warranties that the Site will be uninterrupted, secure, or free of errors or viruses, or other harmful components. 6.6 In no event shall the Company or its Affiliates, or the Directors, Officers, Employees, Agents or Representatives of the Company or its Affiliates, (“The Company’s Parties), be liable to You or any Third Party for damages of any kind arising out of the use of, access to, reliance on, inability to use or improper use of the Site, any information posted on the Site by its Users, or any other information, content, materials or Services available on the Site, (including, but not limited to, any direct, indirect, special, punitive, incidental or consequential damages or damages for Loss of Profits, Goodwill or Revenue, Business interruption, or Loss of Data), even if advised of the possibility of such damages and regardless of the form of action, whether in contract, tort, or otherwise.

7. INDEMNIFICATION

7.1 You agree to indemnify and hold the Company’s Parties harmless from and against any and all damages, liabilities, actions, causes of action, suits, claims, demands, losses, costs and expenses, (including without limitation reasonable Attorneys’ fees, disbursements and Court costs) arising from or in connection with: (a) the use of the Site or any content, information, materials or services contained, displayed or available therein by You or any other Person accessing the Site under any Access Method assigned to You; (b) Your violation of these Terms of Use; (c) any Submissions provided by You to the Company; or (d) Your violation of any Rights of any Third Party.

8. GOVERNING LAW

8.1 The Laws of the Republic of Cyprus will govern these Terms of Use, without giving effect to any principles of Conflicts of Laws. 8.2 You agree that any action arising out of the Terms of Use or Your use of the Site shall be brought in Court in the Republic of Cyprus and You consent to the jurisdiction of such Courts.

9. MISCELLANEOUS

9.1 You may not assign or otherwise transfer these Terms of Use or any Rights or obligations hereunder. The Company’s failure to act on any breach of any provision hereof shall not be construed as a waiver of the enforcement of any provision, unless the Company agrees to such waiver in writing. 9.2 If any portion of these Terms of Use is deemed unlawful, void or unenforceable, that portion will be deemed severable and will not affect the validity or enforceability of the remaining provisions. These Terms of Use set forth the entire understanding between You and the Company with respect to the subject matter hereof and supersede any prior or contemporaneous communications, representations, or Agreements, whether oral or written, between You and the Company with respect to such subject matter.

10. NOTICE AND PROCEDURE FOR MAKING CLAIMS OF THIRD PARTY INTELLECTUAL PROPERTY INFRINGEMENT

10.1 The Company respects the intellectual property rights of others. If You believe that any content on this Site may infringe Your Copyrights or other intellectual property Rights, please provide the Company the written information/documentation specified below. 10.2 Please note that this procedure is exclusively for notifying the Company that Your intellectual property Rights have been infringed. 10.3 Please include the following information/documentation: a. An Electronic or Physical Signature of the Person authorized to act on behalf of the Owner of the intellectual property interest; b. A description of the intellectual property Right that You claim has been infringed; c. A description of the material that is claimed to be infringing or to be the subject of the infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit us to locate the material;

d. Information regarding how we may contact You, (i.e. your address, telephone number and e-mail address); e. A statement by You that You have a Good Faith Belief that the disputed use is not authorized by the intellectual property Owner, its Agent, or the Law; f. A statement by You, made under penalty of perjury, that the above information in Your notice is accurate and that You are the intellectual property Owner or authorized to act on the intellectual property Owner’s behalf.

11. DORMANT ACCOUNTS

11.1 The Customer acknowledges and confirms that any trading account(s), held with FxGlobe, in which he/she did not: 1. placed a trade; 2. opened or closed positions; and/or 3. made any deposit within it; for the period of 90 days and more, shall be classified as an Inactive Account (“Dormant Account”). In such event, according to the Company’s policy the Inactive Accounts shall be subject to a quarterly charge of $15 (or equivalent in other currencies), relating to the maintenance/administration of such Inactive Accounts.
The Customer further agrees that any Inactive Accounts, holding zero balance/equity, shall be turned to Dormant (“Dormant Account”). For re-activation of Dormant Accounts, the Customer must contact FxGlobe Customer Support Department and inform them of the Customer’s wish to reactivate the Dormant Account. The Customer’s Dormant Account will then be reactivated (subject to, if required, up-to-date Know Your Customer documentation provided to LT by Customer) and become an Active Account.
In the event where the Customer starts and continues using the account which have been previously under the Inactive Account categorization the account shall be re-classified, by the Company, into an Active Account (“Active Account”) and thus the above charges will be terminated.

12. PAYMENT SERVICES PROVIDERS

12.1

SafeCharge –Electronic Money Institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and of Visa Europe

AlgoPay– Regulated by the Central Bank of Cyprus

Cardpay– Electronic Money Institution licensed and regulated by the Central Bank of Cyprus and a Principal Member of MasterCard Europe, Visa Europe and UnionPay International.

Processing.com –Member of the Merchant Acquirers’ Committee and the Electronic Transactions Association

Partners

Tools

Risk Warning: Trading leveraged products such as Forex and CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your investment. Our Terms and Conditions, Risk Disclosure and information about FXGlobe’s services can be found here. Be advised that past performance is not an indication of future performance. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. FXGlobe Limited is a Registered Company in the Republic of Cyprus with Registration Number HE 254133 and is Authorized and Regulated by the Cyprus Securities and Exchange Commission (CySEC), the Regulatory Authority of the Republic of Cyprus, License Number 205/13. FXGlobe 7 Omirou Street, 2nd Floor, Limassol 3095, Cyprus Phone: 357-25870060e.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing you money.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing you money.

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